The Epoch Times (via Zero Hedge), Released on 10/13/22Ukraine's admission to NATO could trigger a third world war, the Deputy Secretary of the Security Council of the Continue... Ukraine's Admission To NATO "Guaranteed" To Lead To World War 3: Russian Official added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/13/22The survivalist website Survivalfreedom.com outlines that some of the safest regions in a nuclear war "include the upper Midwest, Maine, West Texas, and multiple small pockets, usually in areas thatContinue... Best Places To Survive A Nuclear Apocalypse In The US added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Wall Street Silver - Twitter, Released on 10/13/22As of August, India's #silver imports in 2022 are already the 4th highest annual imports in history, with another 4 months to go.Gold and Silver continues to flow towards Asia as the USA and Europe continue to artificially hold down prices. China and India are buying it cheap. pic.twitter.com/uOQTcFqE8D- Wall Street Silver (@WallStreetSilv) October...Read More
Schiff Gold, Released on 10/12/22Under the proposed law, the US Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdingsContinue... Bill Introduced in Congress to Put the US Back on a Gold Standard added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Fresh inflation data is to be releasedtomorrow. While it may trigger daily fluctuations, the precious metals’medium-term fundamentals remain bearish.Stuck in ReverseWhile risk assetsattempted a daily rally on Oct. 11, Bank of England (BOE) Governor AndrewBailey spoiled the party with his hawkish warning to U.K. pension funds. Afterrestarting QE to curb the rapid rise in U.K. interest rates,...Read More
What's the dominant feature today?by Harvey Organ of Harvey Organ Blog//MANIPULATION CONTINUES UNABATED//CPI CONTINUES TO BE RED HOT FORCES MARKETS INITIALLY SOUTHBOUND BUT TRUMPED NEW MODEL SUGGESTED TERMINAL RATE IN EUROPE AT 2.5%//GOLD CLOSED DOWN $.40 TO $1670.30//SILVER DOWN 2 CENTS TO $18.97//PLATINUM UP $3.20 TO $907.50//PALLADIUM IS DOWN $35.70 TO $2156.25//CPI UP TO 8.2% YEAR//GOLD PRICE...Read More
San Francisco-based SailingStone and Florida-based Pentwater Capital Management have led the opposition by some minority shareholders to mining giant Rio Tinto's $3 billion bid for Toronto-listedRead More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedLeading regional miners including First Quantum Minerals, Freeport-McMoRan, Hudbay Minerals, Capstone Mining, Ero...Read More
Phase one is expected to nearly double ore production at Copper Cliff Mine, adding roughly 10,000 t/y of contained nickel and 13,000t/y of copper.Read More
Morgan Stanley has followed Goldman Sachs which in June told clients that the bull market in lithium "is over for now".Read More
Toronto and New York-listed Triple Flag Precious Metals posted lower Q3 revenues and metal sales, an early indication of pressures faced by similar royalty firms.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade.Index futures moved slightly higher following release of September U.S. Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.3% in August. Actual was unchanged. Excluding auto sales, consensus was an increase of 0.1% versus a drop of 0.3% in August. Actual was...Read More
Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1, 2023. The agreements, known as the "cobalt swap," would allow the Moa joint venture in Cuba to prioritize dividend payments in the form of finished cobalt to each partner, and each partner's share of these cobalt dividends will be...Read More
Shares in Wesdome Gold Mines (TSX: WDO) shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while conditions at its Kiena mine in Quebec are challenging. Third-quarter output of 22,883 oz. gold was 16% less than the same quarter a year ago and 22% less for the first nine months of this year compared with the same period in 2021...Read More
Regulus Resources (TSXV: REG; OTC: RGLSF) has secured a US$5 million investment from Osisko Gold Royalties in exchange for a net smelter return (NSR) ranging from 0.125% to 1.5% on certain claims of the company's AntaKori project, as well as a right (currently held by Regulus) to buy back a 1% NSR from a third party on certain AntaKori claims.AntaKori is a copper-gold-silver project located in t...Read More
Vale (NYSE: VALE), the world's largest iron ore and nickel producer, has opened the first phase of a $945 million expansion at its Copper Cliff Complex South Mine in Sudbury, Ont.The project's initial expansion is expected to nearly double ore production at the operation, adding about 10,000 tonnes of low-carbon nickel and 13,000 tonnes of copper production per year."The materials that we're min...Read More
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion takeover of the Canadian miner, in a shareholder meeting on Nov. 1.The activist investor said that Rio's bid not only undervalues the target, but it also intends to take advantage of the "material g...Read More
The world will need to produce 11.2 million tonnes of lithium carbonate equivalent (LCE) by 2050, or 20 times 2021 output, to meet growing demand from automakers and energy storage applications, new data from Benchmark Mineral Intelligence (BMI) shows.By that time, the bulk of demand would come from energy storage applications, accounting for about two-thirds of the battery market.In the nearer te...Read More
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun commissioning of the black mass recycling demonstration plant at its battery materials park located north of Toronto following the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end of life lithium-ion battery materials.Electra is...Read More
Lithium prices continue to hold near historic highs, even in the face of an anticipated global recession. Spot prices for both lithium carbonate and hydroxide are now hovering around US$70,000 per tonne, and prices are expected to remain high through 2024 or longer. In an early October report, Bank of America analysts forecast demand for the energy metal will grow by 20% on a compound annual ba...Read More